According to Goldstein Research, “Replacement of conventional print form with digital media is hindering the growth of commercial printing machine market. Moreover, declining sales and reduction in average selling price of commercial printers are impacting the revenue of manufacturers thus eventually obstructing the growth of global commercial printing machine market. However, growing demand for printing processes advertisement of product and services in countries such as China, Brazil, India and Russia are likely to support the expansion of commercial printing machine business in the near future.”
“Global Commercial Printing Machine Market Outlook 2024”
The global commercial printing machine market is segmented on the basis of print technology such as lithographic print technology, digital print technology, flexographic print technology, screen print technology and gravure print technology. Among all these print technology segment lithographic print technology is the dominating segment as it is based on oil and water which is very cost effective. Owing to its use for various purpose such as printing books, legal forms, documents and fabrics along with office printing. However, digital printing machines are expected to take over the traditional lithographic printing due to its high quality and high productivity. Over 50,000 units of digital print machinery are expected to be installed during the forecast period.
Asia-Pacific region commercial printing machine market valued USD 5.4 billion in 2015 and is projected to grow at a CAGR of 3.0% during the forecast period. Expansion of advertisement business in countries such as India, China and Japan are projected to support the growth of commercial printing machine market in the region.
On demand high quality 3D digital printing machine
Nowadays, printing is not confined to conventional process, with the implementation of 3D printing technology; printing industry is gaining huge attracting across the globe. Many companies are opting for 3D printing advertisement for their new products and services which is encouraging the growth of commercial printing machine market. Moreover, larger scale commercial 3D printing machine is expected to show potential growth in the near future owing to its innovative and attractive printing.
“Global Commercial Printing Machine Market Outlook 2024” contains detailed overview of the global commercial printing machine market in terms of market segmentation by print technology and by printing machine type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global commercial printing machine market also provides competitive outlook of some of the major players of global commercial printing machine market which includes profiling of companies such as Dai Nippon Printing Co. Ltd., R.R. Donnelley & Sons Co., Merrill Corporation, Quad Incorporated, Toppan Co. Ltd., Quebecor World Inc., Cenveo Inc., Bertelsmann SE & Co. KGaA, Lagardere SCA, Transcontinental Inc, World Color Press Inc., Vistaprint NV and KONICA MINOLTA, INC. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global commercial printing machine market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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